XRP Whales Going Ballistic: 3.56 Million XRP Vanish from Exchanges In 24 Hours
Crypto commentator Pumpius recently shared data indicating that a substantial amount of XRP was withdrawn from trading platforms within a single day.
According to the analytics referenced in the post, roughly 3.56 million XRP left exchanges over 24 hours, a trend the commentator presented as evidence that large holders may be increasing their accumulation of the asset.
The chart shared alongside the commentary illustrates XRP’s exchange net position change across all trading platforms over one month. The data, presented through daily bars, shows several periods where exchange balances declined sharply, indicating that more XRP left exchanges than entered them. According to the image caption, a single day recorded a net outflow of more than 35 million XRP while its price hovered around $1.36.
Pumpius argued that these outflows signal that major holders are actively accumulating XRP rather than preparing to sell. The commentator stated that “smart money” appears to be increasing its exposure to the asset and emphasized personal participation in the same accumulation strategy.
In the post, Pumpius also reiterated confidence in the underlying technology developed by Ripple, describing it as a factor supporting long-term optimism about the asset’s future trajectory.
Community Reactions Emphasize Accumulation and Utility
The post attracted responses from other users on the platform who weighed in on the interpretation of the data. One user, BATT, agreed with the assessment that XRP’s movement away from exchanges indicates increased accumulation by large holders.
The user suggested that whales’ behavior—market participants with significant holdings—often reflects strategic positioning ahead of potential price movements. The commenter also indicated that they are personally continuing to accumulate XRP.
Another user, Hassan Al-Naijja, offered a more measured perspective on the situation. While acknowledging that accumulation signals from large holders can be meaningful, the commenter emphasized that long-term value in digital assets ultimately depends on sustained development and real-world use cases.
According to this view, accumulation trends alone do not determine future price performance, while technological progress and practical adoption remain essential factors.
Exchange Flow Metrics as a Market Indicator
Exchange net position change is a commonly monitored metric among digital asset analysts. When significant amounts of a cryptocurrency move off exchanges, it is often interpreted as a sign that holders intend to store the asset rather than sell it in the near term. Conversely, large inflows to exchanges can indicate preparation for trading or liquidation.
The chart shared by Pumpius shows that several consecutive days in late February recorded substantial negative exchange flows, suggesting persistent withdrawals during that period. Although the data does not guarantee future price movements, observers often view sustained outflows as an indicator of investor confidence.
By highlighting the recent movement of XRP away from exchanges, Pumpius presented the trend as evidence that large holders may be positioning themselves ahead of potential market developments. The post frames these movements as a sign of strong conviction among certain market participants regarding XRP’s prospects.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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The post XRP Whales Going Ballistic: 3.56 Million XRP Vanish from Exchanges In 24 Hours appeared first on Times Tabloid.
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